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A two-time Bahamas Real Estate Association (BREA) president has recovered 50 per cent of the business volumes he lost at the recession’s peak, but is warning that Baha Mar will not be a “saving grace”.
The Government has been asked whether a new dock and other construction work at Jaws Beach had all the necessary permits and approvals, amid questions of whether this is a “further example of unauthorised and unregulated development of public land”.
Ninety per cent of work permit applications come from Bahamian businesses and individuals, a former Immigration Minister telling Tribune Business that the Government did not understand the need to “run the Bahamas as a business”.
The Bahamas must avoid “wholesale panic” over G-20/OECD efforts to drive the world to automatic tax information exchange, a leading private sector executive instead urging this jurisdiction to “increase” its financial services ‘value proposition’.
How do you measure productivity in your place of work? Do you know how efficient your employees and processes are? Workforce productivity can be measured in two ways: In physical terms or in price terms. This incorporates the intensity of labour-effort, the quality of labour effort, the creative activity involved in producing technical innovations and the relative efficiency gains resulting from different systems of management, organisation, co-ordination or engineering.
A TOP private sector executive believes Eleuthera has seen “an infusion” of new businesses, particularly in the central part of the island, telling Tribune Business its economy was “really starting to see signs of growth”.
A Bahamian Internet business has spent the past week in Washington, D.C.in a bid to influence international internet policies.
The Elizabeth constituency is launching a Small Business Symposium for all constituents that are business owners, or interested in starting their own business, on May 4.
An additional $249 million could be injected into the Bahamian economy if proposed reforms to this nation’s casino gaming legislation are adopted, a leading executive yesterday disclosing that 16 out of 17 industry recommendations had been incorporated into the draft legislation.
The Bahamas International Securities Exchange (BISX) is aiming to put forward plans to create a ‘commercial paper’ market “within the next month”, its chief executive yesterday saying every business in this nation was a “potential customer”.
A former Immigration minister yesterday urged the Department to conduct investigations with “more decorum”, adding that this week’s incident at Atlantis “does not bode well for the reputation of the country”.
Business costs will increase by more than the proposed Value Added Tax’s (VAT) 15 per cent rate, a senior private sector executive warned yesterday, due to the need to implement new accounting and bookkeeping systems.
A major resort developer/operator is aiming to launch its $10 million first phase redevelopment of Eleuthera’s Coco Di Mama property in the Christmas 2014 “prime season”, telling Tribune Business it was looking to take the resort’s room count up to 30.
Several readers have asked me how to “get our economy moving again”.
The president of a US-based health services exporter has concluded meetings in Nassau and Freeport, as it looks for the island that will be the ‘best fit’ for its proposed $200 million medical facility.
Jitney industry players yesterday expressed major reservations over plans to unify Nassau’s public bus system, one saying he could not support a proposed initial public offering (IPO) and granting a 20 per cent equity stake to the Government.
Attorneys for Gibraltar Global Securities and its principal, Warren Davis, yesterday expressed confidence they would be totally cleared of all charges, and accused US regulators of employing “bullying tactics” against their clients.
Stunned Bahamian businesses yesterday described the Immigration Department’s ‘raid’ at Atlantis as “simply reprehensible”, warning that such actions were counterproductive to the Government’s key objectives of economic growth and job creation.
Colina Insurance is set to launch a new individual life “product suite” during the 2013 first half, in a bid to “boost sales volumes” after the segment’s net income contribution dropped 75 per cent in 2012.
A $200 million New Providence real estate project is on pace to sell 24 units this year, its marketing head telling Tribune Business yesterday that the development had been a “huge success” within the Bahamian market.
The Bahamian Brewery and Beverage Company has extended its New Providence distribution footprint through the opening of its $1.6 million warehouse, retail and office complex on Nassau Street.
RBC FINCO’s managing director, Tanya McCartney, has been awarded the 2013 Cheryl Bazard Founding President’s Award.
The Bahamas Telecommunications Company (BTC) yesterday called for more flexible cellular pricing opportunities, as part of its preparations for the sector’s impending liberalisation in 2014.
Difficult clients come in all shapes and sizes, and it is important to learn how to deal with them.
A $200 million New Providence real estate project is on pace to sell 24 units this year, its marketing head telling Tribune Business yesterday that the development had been a “huge success” within the Bahamian market.